Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam - 2022
Contents:
- Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (FOB) - 2022
- Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (CIF) - 2022
- Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam
- Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam
Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (FOB) - 2022
The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $6,970 per ton in 2022, declining by -6% against the previous year. Over the period under review, export price indicated a measured expansion from 2013 to 2022: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, nile perch (lates niloticus)s increased by +80.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 46%. The export price peaked at $7,411 per ton in 2021, and then fell in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($6,970 per ton) and Australia ($6,970 per ton), while the average price for exports to China ($6,970 per ton) and Canada ($6,970 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (CIF) - 2022
The average import price for fish fillets; frozen, nile perch (lates niloticus)s stood at $6,898 per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, the import price saw a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 53% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Tanzania.
From 2013 to 2022, the rate of growth in terms of prices for Tanzania amounted to +2.7% per year.
Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam
In 2022, approx. 1.9K tons of fish fillets; frozen, nile perch (lates niloticus)s were exported from Vietnam; rising by 38% on 2021 figures. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $13M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 50%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.2 | 4.9 | 7.4 | 8.9 | 40.6% |
| United States | 0.8 | 0.1 | 0.6 | 2.0 | 35.7% |
| China | N/A | 0.2 | 0.3 | 1.1 | 134.5% |
| Canada | 0.5 | 0.8 | 0.7 | 0.2 | -26.3% |
| Philippines | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.3 | 0.6 | 1.1 | 0.7 | 32.6% |
| Total | 4.8 | 6.8 | 10.1 | 13.1 | 39.7% |
Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Vietnam in 2022:
- Australia (1274.8 tons)
- United States (287.1 tons)
- China (163.1 tons)
- Canada (32.8 tons)
- Philippines (31.9 tons)
Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam
In 2022, after two years of decline, there was significant growth in supplies from abroad of fish fillets; frozen, nile perch (lates niloticus)s, when their volume increased by 8,359% to 19 tons. Overall, imports, however, saw a sharp descent.
In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s soared to $132K in 2022. In general, imports, however, recorded a deep reduction.
| Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 179 | N/A | N/A | 132 | -9.7% |
| Spain | 1.9 | 7.0 | 1.5 | N/A | -11.1% |
| Kenya | N/A | 129 | N/A | N/A | 0% |
| France | 4.5 | 3.8 | N/A | N/A | -15.6% |
| Others | 1.5 | N/A | N/A | N/A | 0% |
| Total | 187 | 140 | 1.5 | 132 | -11.0% |
Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Vietnam in 2022:
- Tanzania (19.1 tons)
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